Property profile

8 Executive Park Dr North Billerica, MA 01862

OFF-MARKET
Manufacturing properties
Property ID
US38-0862630
11,790 SF 1.04 ac lot Built 1975
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1975
Construction STEEL FRAME
Total area 11,790 SF
Lot 1.04 ac (45,337 SF)
Zoning code 5
APN BILL M:0013 B:0014 L:0
UPID US38-0862630

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Gas Supplier
  • Industrial Manufacturer

Location

8 Executive Park Dr North Billerica, MA 01862-1319
North Billerica metro Census 316500 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.93M
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.57M

Owner & transaction history

since 2011
4 recorded transactions
2011
$662,500
1999
Price N/A
1993
$400,000
1993
$330,000

Zoning & alternative use

5 · North Billerica, MA
Top alternative use upside
Commercial (general) $2.2M +31.9%
Office building $1.8M +7.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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